Reliance Jio Is Now Net Debt-Free; How Did It Manage Eight Months Ahead Of Target?

Reliance had a debt of Rs. 161,035 crores, as of March 31st, 2020. However, the firm raised Rs. 115,693.95 crores and Rs. 53,124.20 crores by selling stakes to 10 global investors and RILs rights issue.


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Reliance Jio Is Now Net Debt-Free; How Did It Manage Eight Months Ahead Of Target? Reliance Jio Is Now Net Debt-Free; How Did It Manage Eight Months Ahead Of Target? Reviewed by Aadavan on June 19, 2020 Rating: 5

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